Some tips for buying a first home with islamic home loansJune 25, 2014 at 11:08 am
Islamic home loans are the best way to get your foot in the door but it’s important to have a solid plan in place well before you get those keys so you make all the right moves along the way to your first house. Islamic mortgage loans are a sure bet and you want your home purchase to be the same so you need to include these steps in your plans.
- Attend a new homeowners seminar if there’s one in your neighborhood. These are a great way to make sure you get started off on the right foot and new homeowner seminars are offered by a variety of organizations including non profit organizations and city housing departments. With one of these behind you, you’ll understand what to look for and the financial differences from renting.
- Put your needs and wants together in a list. Remember that it’s very unlikely that you’re going to get everything you’re looking for so you need to prioritize the list and be ready to make some concessions.
Beyond the Islamic mortgage loans options that you can explore here, there are some very cool programs offered for first time home buyers.